Trending articles
-
Top Tips from a Financial Advisor for ...
21 Jun, 2022
-
Top Tips to Help You Be a Better ...
05 Oct, 2020
Partner's ads
Financial Advisors in the UK
Ronin Consultants Limited
Eye, Suffolk, East England, IP14 4TU
Ronin Consultants Ltd (RCL) are experts in supporting companies who seek to gain accreditation to supplier communities and qualification schemes. We offer help and support specifically designed around
Fairview Financial Management Ltd
Rayleigh, Essex, East England, SS6 9PT
We're Independent Financial Advisers and Chartered Financial Planners specialising in working with people in or planning for retirement, business owners, high earners and those going through a major
Corcillium Wealth Management
Guildford, Surrey, South East England, GU1 1PW
Financial advisers based in north Hampshire offering pensions, savings, investments, mortgages and wealth management.
SME business startup funding in Portsmouth
Portsmouth, Hampshire, South East England, PO6 3EZ
Visit PPG investment company for SME startup funding assistance, business development opportunities, SME business startup funding, business survival help in Portsmouth, UK.
Sevenaar
Witham, Essex, East England, CM8 1FR
We are fee-only independent investment advisers dedicated to helping clients make the most from their savings and do not receive any commissions from the products and investments we recommend. 100% of
Know Your Niche Ltd
Beaconsfield, Buckinghamshire, South East England, HP9 2HN
Know Your Niche is a specialist brand positioning and strategic marketing consultancy helping businesses across the UK to find their niche in an otherwise crowded market delivering business growth for
Progress Accountants
Oxford, Oxfordshire, South East England, OX4 4GP
Progress Accountants is an Oxford-based accounting and business advisory firm; we are here to reinvent accountancy as you know it. We make it our business to know yours. Our aim is to be more than
Financial Claims Consultants
Bournemouth, Dorset, South West England, BH8 8TQ
Financial Claims Consultants offer No Win No Fee Pension Claims – we help clients claim mis-sold pension compensation. As an experienced pension claims management company, we constantly evaluate the
Aahil & Co Accountants
Liverpool, Merseyside, North West England, L7 4JG
We are licensed, experienced, and affordable accountants with a base in Liverpool We offer assistance to a variety of small and medium-sized businesses as well as Charities in Liverpool as well as
Select Wealth Managers
Livingston, West Lothian, Scotland, EH54 8AF
Select Wealth Managers offer a Financial Advisory service in Livingston and the surrounding areas. We specialise in pension and investment advice and the first meeting is at out cost.
Montgomery Finacial
Raunds, Northamptonshire, East Midlands, NN9 6GR
Montgomery Finance are experts at finding the right mortgage deal for you. With a wide range of products and services that are tailored to your specific needs, the Montgomery team of mortgage
Civity
Battersea, South West London, London, SW11 3GW
Civity is a new service between landowners and developers to meet developers’ biodiversity offset requirements. We do this through connecting stakeholders or through offsetting through our own
Mallard Mortgages
Darnall, South Yorkshire, Yorkshire and the Humber, S9 1XZ
At Mallard Mortgages, we are a family mortgage and protection business specialising in offering personal and tailored advice. We understand how complex these matters can be and we take the time and
Martland Mortgages Ltd
Southport, Merseyside, North West England, PR8 1LF
With decades of experience, Martland Mortgages specialise not just in routine mortgage cases but also where it's difficult for the borrower to deal directly with the High Street Lenders. It may be
Car Finance Saver
Chelmsford, Essex, East England, CM2 0RG
Car Finance Saver was created by a team of marketers and motor enthusiasts who noticed, time and time again, that the online financing space was a minefield. Finding the right car finance deal was
Can't find your business?
Adding a business to FinancialExpertAdvisors.co.uk is free.Frequently Asked Questions and Answers
- Click here to navigate to the Login page.
- If you haven't yet registered, click here to navigate to the Registration page.
- Fill all required fields.
- After you have logged in, click on "Add Business.
- After you have clicked on "Add Business", you will be redirected to another page.
- You can now fill in the details for this Business.
- Click on the "Create" button.
- Your listing will now be "pending approval".
- One of our Administrators will review your listing and decide whether to Approve or Reject it.
- Priority listing positioning for city, county, in the search results, and our home page.
- A website link on the listing page.
- Can add services with links included.
- Have access to all submitted free quotes from our visitors.
- Increase leads that you can follow up and generate sales from.
- Increase your online presence which, these days, is an indispensable commodity.
- Allow the thousands of potential customers who use the directory each month to find you.
Do you wonder what a financial advisor does for a living? Maybe you need the professional assistance and help of a financial advisor? We can help you choose the right financial advisor and specialist in that field by sharing more about what a financial advisor does and how they can help you. Stay tuned to learn more.
Why Choose a Financial Advisor?
In a nutshell, a financial advisor is this type of specialist who will advise you on your financial endeavours and affairs, the investments you want to make, some good financial opportunities for you, the course of action you may take for your best. Naturally, people are not used to sharing a lot about our current financial situation and our plans. However, It is literary the job of the financial advisor to know about your plans, aspirations, financial past and help you explore a window of good opportunities. This article will provide you with an overview of what a financial advisor actually does and how the right financial advisor will help you choose the appropriate investments for you. With the help of such information, you will be able to choose the right financial advisor for you. At the end of the day, a financial advisor is someone you have to fully trust and rely on. Therefore, make sure to follow our tips and recommendations and also go with your guts, when choosing a financial advisor.
What does a financial advisor do?
Think of your financial advisor as a planning partner. In order to accomplish your financial goals, you can benefit a lot from the professional help of a financial advisor. A skilled professional with the right licenses and qualification if someone who will help you make all good plans become a reality.
A financial advisor can be competent and help you in different aspects, including the amount of money you should save in order to finance your plans and goals, the types of accounts that are best for you, the kinds of insurance that is best for you, estate and tax planning, etc. Part of the job of a financial advisor is also to help you understand how you can achieve your future financial goals. A financial advisor will have enough understanding, knowledge, and expertise in financial topics and be able to help you understand them too. Such financial topics a financial advisor will most likely discuss with you include budgeting, saving, complex investment, insurance, tax matters, etc.
However, the first thing a financial advisor will do for you when you start working together is they learning more about your financial health and current financial situation. It is impossible to make a solid plan for a financial future if you don’t know where you stand at the moment. Therefore, a financial advisor will start with this aspect, typically learning more about your financial health through a detailed questionnaire they will give you to fill in. Make sure to provide honest and detailed answers, as this will help the financial advisor understand all important information about you and your financial health.
Financial Advisor and the Financial Questionnaire
The way you will fill in the questionnaire you are given by the financial advisor will determine how well and detailed they will be informed of your assets, liabilities, income, expenses. This questionnaire will typically also cover topics such as future pensions, income sources, project retirement needs, long-term financial obligations if any. You should also let the financial advisor know more about your investment preferences. This initial stage of assessment of your financial plans and current situation also includes other aspects including insurance issues, your tax situation, your current estate plan, other possible professionals you are involved with on your planning team, including lawyers, solicitors, accountants, etc.
Financial Advisor and a Financial Plan
Once the financial advisor collects, assesses, and reviews all the details and information you provide them with, they will be ready to create a comprehensive financial plan for you that will pretty much turn into the roadmap of your financial future and provide you with guidelines. Such a financial plan will summarize your current financial situation and all key details you have provided and will also include all the financial goals you and your financial advisor have already discussed and planned. Such a document will cover a few important topics, including your risk tolerance, estate-planning details, family situation, long-term care risk, other possible present and future financial issues. Next, the financial advisor will continue the financial plan by mentioning all potential best- and worst-case retirement scenarios and the needed steps that have to be taken for preventing the worst-case scenarios.
Financial Advisor Plans Action Steps
A financial advisor is a professional, who is involved in not only helping you with investments but also dissecting and improving every aspect of your financial life and situation. In fact, it is not even necessary to hire a financial advisor in order to get professional advice on investments. However, most people will opt for the help of a financial advisor mainly because of investments. In this case, the job of the financial advisor is to set an asset allocation, keeping in mind your risk tolerance and risk capacity. What an asset allocation determines is how percentages of your total financial portfolio will be allocated towards different asset classes. Additionally, the financial advisor will adjust your asset allocation based on your current age and how long you have before retirement. The financial advisor will work in accordance with the law and regulations in the field and also with their own or their company’s investment policy when they buy and sell financial assets.
Financial Advisor and Investments
It is important for you to understand what and why your financial advisor is recommending. Don’t follow their recommendations blindly, always make sure to ask questions, if you are concerned or not sure you understand something. Also, keep a close eye on the fees you are paying to your financial advisor. Ask your financial advisor why they recommend an investment, also if they will get a commission by selling you this investment. Pay attention to the investment philosophy of the financial advisor’s firm too.
Why choose a financial advisor?What does a financial advisor do?
Financial advisor and the financial questionnaire
Financial advisor and a financial plan
Financial advisor plans action steps
Financial advisor and investments